Project Progress & Updates

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Papua New Guinea has become the latest nation to join the still exclusive club of LNG producers, with its first liquefaction plant – PNG LNG – now said to be running at full capacity.
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Russian gas company Gazprom is preparing to make the first weld on the Power of Siberia pipeline – the 4,000 kilometre backbone of its ambitious Eastern Gas Programme.
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Alaska’s Governor Sean Parnell this month welcomed the signing of a formal commercial agreement between the Alaska Gasline Development Corporation (AGDC), BP, ExxonMobil, ConocoPhillips and TransCanada to advance the Alaska LNG project.
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Several of the seven LNG export projects under construction in Australia have reported reaching significant milestones in recent weeks, with the front–runners now less than a year away from start-up.
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Cheniere Energy has completed the long-term contracting of the output of the first two trains of its proposed Corpus Christi LNG export project in Texas, says the company’s CEO Charif Souki.
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The carbon dioxide capture technology that will be used at the ground-breaking Peterhead gas-fired power station in the UK is to be tested at the Technology Centre Mongstad (TCM) in Norway.
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Velocys – one of the leading developers of small–scale gas-to-liquids (GTL) technology – has acquired Pinto Energy, a developer of small-scale GTL projects in North America, as part of a strategy to accelerate the commercialisation of its “micro-channe
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It is looking increasingly likely that as many as five US LNG export projects could reach final investment decision (FID) by this time next year, taking the total LNG production capacity under construction in the US to around 69 mtpa.
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  • Contributed by: Susan L. Sakmar, Independent consultant, author and adjunct law professor, University of Houston Law Center
From the Arctic to the United States and almost everywhere in between, there are numerous LNG projects in various stages of development. Gastech Insights asked Susan Sakmar to share which LNG projects she is watching this year.
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  • Interview with Jefferson Edwards, GM - Global Gas & LNG Market Development, Integrated Gas, Upstream International, Shell
As reported by Shell’s LNG Outlook 2017, the future LNG demand growth will be driven by: policy, floating storage regasification units (FSRUs), replacing declining domestic gas production, small-scale LNG and transport.
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  • Interview with Andrew Walker, Vice President LNG Strategy, Cheniere Marketing
LNG is growing seven times faster than pipeline gas and as such, by 2035, it will account for around half of globally traded gas.
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  • Contributed by: Melanie Lovatt, Finance Advisor, Poten & Partners
If all things go according to plan for the sponsors of the Fortuna project in Equatorial Guinea, three floating liquefaction (FLNG) projects will manage to complete their fundraising this year.
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  • Contributed by: Mary Hemmingsen, EVP and CFO, Northwest Innovation Works
*This article was contributed by Mary Hemmingsen when she worked at KPMG as Partner, National Sector Leader, LNG, Power and Utilities.